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Historical Background
Shipwreck coins. Charles III (1759-1788). 2 reales. 1784. Mexico. FF. (Cal-676). . Recovered from the S.S. Central America shipwreck, sunk in 1857 off North Carolina. We have not found any other Mexico Mint specimens from this shipwreck. Very rare.
Slabbed by NGC as Shipwreck Effect, “SS Central America Shipwreck” label.
The mail steamer S.S. Central America was lost on 12 September 1857 after being caught in a hurricane, with the tragic loss of more than 400 lives and an extraordinary cargo of gold from the Californian economic circuit. On board were more than three tons of precious metal, in the form of coins, ingots and other valuables, the loss of which also had significant financial repercussions in the United States.
The wreck remained undisturbed until 1986, when it was located by Tommy Thompson and the Columbus-America Discovery Group at a depth of approximately 8,500 feet. Following prolonged legal proceedings, the salvors were awarded the greater part of the recovered treasure, while most of the remainder was assigned to the insurance companies that had settled claims after the sinking.
Owing to the scale and quality of its recoveries, the Central America has become one of the most celebrated wrecks in modern numismatics, particularly for its remarkable assemblage of United States gold coinage and ingots, subsequently studied, certified and marketed on the international numismatic market. Est...700,00.
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